Ripple has partnered extensively with banks: Ripple, the creator of XRP, has partnered with many financial institutions around the world. They use Ripple’s technology, such as RippleNet, to make cross-border payments faster and cheaper.

* XRP usage is not always public: Banks may use XRP for certain transactions, but they do not always publicly announce it. This may be due to the volatility of the cryptocurrency market or regulatory uncertainties.

* Examples of XRP use cases:

* Arrington Capital: This investment firm used XRP to transfer $50 million, which was completed in 3 seconds and cost only $0.3.

* Some banks in Japan: Japan is one of the most crypto-friendly countries. Some Japanese banks are reported to use XRP as part of their operations.

Difficulty in obtaining accurate information:

* Lack of transparency: Banks do not always disclose information about their internal processes and the technology they use. $XRP